Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.173%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.173%, 7d avg −0.121%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.052% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GASUSDT | 1.3909 | 0.0100 | pay 0.0050% / 4h | 11m 25s | $821K | $273K | 25x |
| Short | OKX GAS-USDT-SWAP | 1.3885 | 0.0100 | get 0.0050% / 4h | 11m 25s | $369K | $239K | 20x |
Bybit GASUSDT
OKX GAS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.173% → −0.121%
- −$5.15
- Slippage, 4 orders
- −$89.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$115.87
- Costs to cover
- 1.107%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 27 min ago; OKX: live order book, 27 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 27 min ago | 2.52 bp | 29.6 bp −$30 | 252.3 bp −$2,523 | doesn't fit | doesn't fit |
| Sell OKX live order book, 27 min ago | 2.52 bp | 28.2 bp −$28 | 1293.5 bp −$12.9K | doesn't fit | doesn't fit |
GAS on 11 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid GAS | +0.0100% | 1h | 1.3908 | −0.007% | $106K | $57K | 3x | as long as short |
| Binance GASUSDT | +0.0100% | 4h | 1.3900 | −0.065% | $1.4M | $1.6M | 50x | as long as short |
| Bybit GASUSDTlong | +0.0100% | 4h | 1.3909 | long leg | $821K | $273K | 25x | |
| OKX GAS-USDT-SWAPshort | +0.0100% | 4h | 1.3885 | −0.173% | $369K | $239K | 20x | |
| Gate GAS_USDT | +0.0100% | 4h | 1.3900 | −0.065% | $103K | $45K | 25x | as long as short |
| MEXC GAS_USDT | +0.0100% | 4h | 1.3900 | −0.065% | $831K | $115K | 50x | as long as short |
| KuCoin GASUSDTM | +0.0100% | 4h | 1.3893 | −0.115% | $181K | $12K | 30x | as long as short |
| Bitget GASUSDT | +0.0100% | 4h | 1.3910 | +0.007% | $369K | $290K | 50x | as long as short |
| BingX GAS-USDT | +0.0100% | 4h | 1.3900 | −0.065% | — | $2.3M | — | as long as short |
| Variational Omni GAS | +0.0100% | 4h | 1.3909 | 0.000% | $5K | $2 | — | as long as short |
Hyperliquid GAS
Binance GASUSDT
Gate GAS_USDT
MEXC GAS_USDT
KuCoin GASUSDTM
Bitget GASUSDT
BingX GAS-USDT
Variational Omni GASShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GAS-USDT | +0.0105% | 4h | 1.3890 | −0.137% | $74K | $25K | 75x | as long as short |
BloFin GAS-USDT